KAUST Innovation Fund

The KAUST Innovation Fund is a venture capital fund established to support early-stage deep tech startups in Saudi Arabia. It focuses on sectors such as energy, environment, water, food, advanced materials, robotics, ICT, and biotechnology. The fund aims to foster innovation and technology development within the Kingdom by investing in startups that address pressing scientific and technological challenges. It manages a portfolio of homegrown KAUST spinouts and international deep tech startup spin-ins. The fund's investment range spans from seed funding of less than $200,000 to early-stage investments up to $2 million. The KAUST Innovation Fund is part of King Abdullah University of Science and Technology's broader initiative to promote entrepreneurship and technological advancement in Saudi Arabia. By providing financial support and strategic guidance, the fund plays a crucial role in nurturing the country's emerging technology ecosystem and contributing to its economic diversification efforts. Through its investments, the KAUST Innovation Fund seeks to drive sustainable development and address global challenges by supporting innovative solutions developed within the Kingdom.

The fund's strategic focus includes sectors such as energy, environment, water, food, advanced materials, robotics, ICT, and biotechnology. By targeting these areas, the KAUST Innovation Fund aims to align with Saudi Arabia's Vision 2030 goals, which emphasize economic diversification and technological innovation. The fund's approach combines financial investment with mentorship and acceleration programs, leveraging KAUST's extensive research capabilities and industry connections to maximize the impact of its portfolio companies. This comprehensive support structure is designed to enhance the growth potential of startups and facilitate their successful integration into the global market.

Through its investments, the KAUST Innovation Fund contributes to the development of a robust innovation ecosystem in Saudi Arabia. By supporting startups that address critical challenges in sectors like energy and environment, the fund plays a pivotal role in advancing the Kingdom's sustainability objectives. Additionally, the fund's focus on advanced materials, robotics, and ICT aligns with global technological trends, positioning Saudi Arabia as a competitive player in these high-growth industries. The KAUST Innovation Fund's commitment to fostering innovation and entrepreneurship is integral to the broader efforts to transform the Kingdom's economy and society, ensuring a sustainable and prosperous future for its citizens.